The SPY Trust, officially known as the SPDR S&P 500 Trust ETF, is an exchange-traded fund designed to replicate the performance of the esteemed S&P 500 Index. Comprising 500 prominent U.S. large-cap stocks across diverse sectors, the S&P 500 Index serves as a widely recognized benchmark within the financial industry. By analyzing the chart's price movement, we...
Short-term top of NFLX has already appeared This chart shows the weekly candle chart of Netflix's stock over the past year. The graph overlays the recent bottom-up golden section. As shown in the figure, the recent high point of Netflix's stock is exactly 3.618 on the golden section in the figure! The weekly pattern of Naifei stock last week showed a very...
Consol Energy - 30d expiry - We look to Buy at 63.75 (stop at 60.75) We are trading at overbought extremes. Previous resistance at 64 now becomes support. The previous swing low is located at 63.32. Bespoke support is located at 64. We look to buy dips. Expect trading to remain mixed and volatile. Our profit targets will be 70.75 and 72.75 Resistance:...
In this analysis I want to take a look at Bitcoin's extremely low volatility. I'm using my personal FREE indicator FT Volatility Depth which you can try for yourself over here: Every time that this indicator flashes green (= low volatility), the market will make a big move in the near future. The market switches between two periods: periods of contraction (now)...
Hello,Traders! AMAZON was trading in an Uptrend but now we are Seeing a bearish breakout From the opening wedge Pattern which makes me Bearish biased and I think That we will see a move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Today's focal point rests on the Federal Reserve's (FED) highly anticipated Federal Open Market Committee (FOMC) meeting, which is widely expected to increase interest rates by 25 basis points. This decision would mark the 11th rate hike since inflation started to go rampant in the United States as a result of unprecedented quantitative easing following the...
Hi, The second technical confirmation after the June close (the first one was a previous idea Walmart) came from Mastercard (MA), buy the strength. Almost the same setup as Walmart has. Mastercard is one of the largest payment processors in the world, having processed close to over $8 trillion in transactions in 2022. Mastercard operates in over 200 countries...
I am pretty confident about price hitting $136 and then $138. Make sure to understand price action in depth.
Wait for 60 Buy Zone and Target 80+ Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein....
If DXY goes Lower, Foreign Currencies, Stocks, Commodities, and other asset classes will Rise. Price is coming off of a Bearish Orderblock. That should push price lower. As price entered the Bearish OB, we had a 3-stage consolidation run into it (MMSM). To complete the model, price needs to drop down below the original consolidation (the blue shaded box above...
Lockheed Martin Corporation - 30d expiry - We look to Buy at 448.25 (stop at 438.25) 447 continues to hold back the bears. Support is located at 447 and should stem dips to this area. We look to buy dips. The primary trend remains bullish. This stock has seen good sales growth. Expect trading to remain mixed and volatile. Our profit targets will be 473.25 and...
- NYSE:TWTR (X) occurred on a Monthly Resistance Trendline being broken-out TA speaking. Well, fundamentally didn't go as well. The recent name change wiped out a lofty 4$Billon Dollars and more the size of it on Brand Value. It's a mix in between TA and Fundementals from here. Still sitting on the sidelines aiming for TP1 and more long term. Buying...
Microsoft (MSFT) has been trading within a Channel Up pattern since the March 13 Low, with the 1D MA50 (blue trend-line) supporting all the way, having made no contact with the price at all. You can see that on the chart on the right (1D time-frame). On the bigger picture, the 1W time-frame (chart on the left), the stock closed last week's 1W candle on a very...
It has been very long since we last looked into Google (GOOG) but last time we did (November 07 2022) we gave a massive buy signal (see chart below) at the market's absolute bottom: The stock price rose +49% since then, giving us one of the most successful low risk trades of the year. With the company reporting its Earnings today though, we shift back to the...
Rumble has been bouncing up and down from clear looking zones. Rumble bounced from support this week and is looking bullish! Trade safely! Let me know what you think!
NASDAQ:JD shows a double bottom pattern and has a potential to achieve 54 per item in 2-3 months. Good company and definitely, oversold. Will show much more, but in short period we have a good potential to take 40-50$ of revenue. Does not constitute a recommendation. #investing #stocks #idea #forecast #furoreggs If you want to discuss, please subscribe and...
Analysis: Looking at the dataset, it's evident that both the Macro PVVM and Micro PVVM scores for Alibaba ( NYSE:BABA ) show an overall increasing trend over the examined period. The Macro PVVM went from a score of around 0.58 to approximately 54.24, demonstrating a significant uptrend. The Micro PVVM also moved from -53.71 to 40.23, showing a reversal from a...
Weekly chart MicroStrategy NASDAQ:MSTR has broken up descending trend line and now it's pulling back to the support around $380 It's time to get in and go to next stop Wait a confirmation around the support